Bad karma for Fisker Automotive: of loans and lawsuits

As if it wasn’t hard enough trying to displace the internal combustion engine as the motive force of the automobile, then this happens.  First the plug-in hybrid Chevy Volt’s battery starts catching fire.  Then battery-maker Ener1 files for bankruptcy protection.  Last Thursday,

Filed under:
USA, Capital Markets, Insolvency & Restructuring, Litigation, Shipping & Transport, McCarter & English LLP, Fraud, Venture capital, Misrepresentation, Broker-dealer, Preferred stock, Internal combustion engine, US Department of Energy
Authors:
J. Wylie Donald
Location:
USA
Firm:
McCarter & English LLP